QOTD: Miraculously alive and well

Posted by

There was plenty of talk about how tax professionals would be replaced by DIYs, who now had access to the same software the pros had. Turbo Tax was flying off the shelf and earning a great deal of money for then-upstart Intuit. So-called experts predicted that tax professionals would become the next Tyrannosaurus rex.

We see today that the tax professional is, miraculously, alive and well. DIY preparation, which appealed to a certain segment of the market, has matured. Lately, it has even been losing market share to living, breathing professionals.

Roger Ochs, president and chief executive of HD Vest Investment Services

Read on at the link above for more on Roger Ochs’s analogy between tax preparation software and robo-advice.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  3. คอนโดเงินเหลือ commented on Sep 18

    … [Trackback]

    […] There you can find 13336 more Information on that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  4. eatverts.com commented on Sep 21

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  5. Immediate Edge Review 2020 commented on Sep 23

    … [Trackback]

    […] Here you will find 7518 additional Information to that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  6. Alex Webcams commented on Oct 07

    … [Trackback]

    […] Here you will find 73366 additional Info to that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  7. orangeville real estate agents commented on Oct 16

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  8. 토토사이트 commented on Oct 17

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  9. cvvdumps shop commented on Nov 16

    … [Trackback]

    […] There you will find 92248 more Information on that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  10. online td bank commented on Dec 05

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  11. bank of montreal online banking commented on Dec 05

    … [Trackback]

    […] There you can find 96900 additional Information to that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

  12. CI/CD commented on Dec 20

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2015/03/16/qotd-miraculously-alive-and-well/ […]

HowIInvestMyMoney